
Tata Sierra launch timeline revealed. More AWD models in the pipeline?
Auto Today's Associate Editor, Rahul Ghosh with Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Limited at the launch of Harrier.ev.
advertisementToday at the launch of the Harrier EV, Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Limited, during a conversation with Auto Today's Associate Editor, Rahul Ghosh, revealed when we can expect the Sierra to hit the Indian roads. He also shared his insights on few other things including where the EV market is going and whether the rare earth magnets are creating a problem or not.Tata Sierra to return this yearSrivatsa confirmed that the Sierra will make its debut in both internal combustion engine (ICE) and electric versions within this current calendar year, ending speculation around its timeline. "The Sierra will definitely come out this calendar year, and it'll be both in ICE and EV form," said Srivatsa, adding that further details and surprises would be revealed closer to the official launch.
The old Tata Sierra alongside the upcoming Sierra.
advertisement View this post on Instagram A post shared by AutoToday (@autotodaymag)Tata Sierra's comeback
Staying true to the spirit of its iconic original tagline, "It takes the rough with the smooth," the Tata Sierra is all set to make a comeback in a bold, modern avatar. Once celebrated for its distinctive rear glass design, the Sierra will soon return to Indian roads — this time featuring cutting-edge styling, advanced technology, and a choice of both ICE and EV powertrains. Tata is ready to revive a legend, reimagined for a new generation.
The new Sierra will come in both electric and ICE options.
A near-production version of the Tata Sierra was recently showcased at the Bharat Mobility Expo 2025, and the latest sightings of test prototypes have shed new light on its design, features, and powertrain possibilities.One of the Sierra's biggest draws is its blend of retro charm and modern styling. Despite being heavily camouflaged, the test mule revealed several signature elements. At the front, it sports a tall bonnet, a split headlamp setup with connected LED DRLs, a gloss black grille, and a prominent silver skid plate, all contributing to its rugged appeal.
Unlike the original 3-door Sierra of the 1990s, the new model features a more practical 5-door layout.
At the rear, the SUV maintains a bold and upright profile, with a flat tailgate, connected LED tail lamps, and a rear wiper. Previous iterations have also revealed flush-fitting door handles, squared-off wheel arches, and thick cladding, all enhancing the Sierra's muscular and SUV-centric stance.In contrast to the original 3-door Sierra from the 1990s, the new-generation model adopts a more practical 5-door layout, making it suitable for modern-day usage.
The upcoming Sierra gets flush door handles.
Inside, Tata is expected to offer multiple interior colour schemes depending on the variant. The concept shown at the Auto Expo featured yellow accents to elevate the cabin's aesthetic. The production version is likely to feature a four-spoke steering wheel with an illuminated Tata logo, a design now common across Tata's latest models.advertisementUnder the hood, the Sierra ICE is anticipated to come with two engine choices:A new 1.5-litre turbo-petrol expected to produce 168bhp and 280Nm of torqueA 2.0-litre Kryotec diesel, shared with the Harrier and Safari, delivering 168bhp and 350NmBoth engines are likely to be available with 6-speed manual and 6-speed torque converter automatic transmission options.The Sierra EV, which will follow the ICE launch, is expected to offer multiple battery pack configurations and a range of over 500km on a single charge. It will likely share its electric drivetrain with the recently launched Harrier EV.The Sierra is inching closer to its official comeback. More details are expected to emerge in the coming months as Tata gears up for a highly anticipated launch later this year.
The Sierra is all set to return this calender year.
Future of AWD in Tata's portfolioOn the subject of all-wheel drive (AWD), Srivatsa candidly acknowledged a gap in Tata's current lineup. 'The last AWD vehicle we had was the Hexa, which we phased out in 2019. The AWD segment is less than 5% of the market, but our SUVs have always been known for performance. So we're bringing AWD back in a modern, electrified form,' he explained.advertisementWhile AWD is currently being rolled out in Tata's EV offerings like the Harrier EV, Srivatsa hinted that the technology may also make its way into future ICE vehicles, depending on consumer response. 'We'll assess the take rate, and it can probably be extended to ICE models as well,' he said. This could very well mean that the iCE variants of the Tata Harrier and the Tata Safari, and the upcoming Tata Sierra could very well be offered with AWD technology in the near future.Changing EV consumer expectationsWhen asked about the current state and trajectory of India's electric vehicle market, Srivatsa noted a significant shift in consumer mindset. 'If you go back three years, the primary questions were about cost of operation, EV pricing versus ICE, and charging access. Today, many of those questions are answered,' he said. With the charging infrastructure expanding and products like the Harrier EV offering strong value, Tata believes consumers now expect more than just price parity—they want greater performance and capability.advertisementSupply chain and rare earth magnets concernAddressing concerns around rare earth materials and EV supply chains, Srivatsa acknowledged the challenges posed by geopolitical factors but remained optimistic. 'Yes, there is a little bit of concern, but we are confident that between the industry and the government, these issues will be resolved,' he said.Subscribe to Auto Today Magazine
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Hindustan Times
12 minutes ago
- Hindustan Times
Reddy and setting Indian motor racing on the speedway
What's the most attention-grabber way to introduce Akhilesh Reddy? Call him India's Bernie? Reddy laughs at the suggestion and says, 'yes, you can say that'. (Think circuits, lanes and pits and you'll work out which Bernie). How about his own definition of what he's been up to for the past three years – 'more of a madness' – heading into its fourth edition this week? Let's put a price on the madness – a spend of about €50-60 million (approx. ₹50-60 crore) over three years. The Indian Racing League (IRL), the world's first city-centric, gender-neutral motor-racing franchise competition is the flagship event, one of the festival's three categories of races. (HT) Questions ranging from 'what', 'whatever for' and 'why on earth' come rushing. But Hyderabad-based Reddy is linked to creating, he says, ecosystems, pathways, and with it, an awareness of Indian motorsports at a time he believes is just right for his investment in finance, energy and emotion into his thought-through madness. This weekend marked the start of the Indian Racing Festival, a season of five racing weekends, owned and promoted by Reddy's Racing Promotions Private Limited (RPPL). The Indian Racing League (IRL), the world's first city-centric, gender-neutral motor-racing franchise competition is the flagship event, one of the festival's three categories of races. The IRL has six teams, with combination of superstar/businessmen owners – the Goa Aces (John Abraham), Kolkata Royal Tigers (Sourav Ganguly), Kichas Kings Bengaluru (Bengaluru-based movie star Kichcha Sudeep), Speed Demons Delhi (Arjun Kapoor), Hyderabad Blackbirds (Telugu film star Naga Chaithanya), and the Chennai Turbo Riders who are owned by Dr. Swetha Sundeep Anand of the Accord Group of Hotels, headed by its director Ranjith Amizdhan. Each team fields four drivers, two per car, including one woman. The first three races will take place on Coimbatore's Kari Motor Speedway (Aug 15-17 and Oct 3-5) and the Madras International Circuit (Aug 22-24). The venues for the last two weeks are not yet announced but they could feature that rare sighting: an Indian street race, like the one held in Chennai in last year's IRL. Besides Indian drivers, this year's IRL features 2016 Le Mans winner Neel Jani, who test drove for Sauber F1, and GP2 winner John Lancaster. The women drivers include Alexandra Herve, who finished third in the 2023 Formula Renault Cup championship, Laura Campos Torras, a product of the Ferrari Driver Academy. Reddy says, 'Motor racing is gender neutral and I wanted to push boundaries, putting men and women in the same category, and have them compete on the same platform. I want Indian girls to get into motor sport and want to participate.' As a teenager, Reddy, 39, had to be a part of the sport, 'but it was really unreachable… We didn't have opportunities, nothing was available, nobody had really pushed towards the sport.' He says Kari was the only proper race track then with at the most three-four karting tracks in the country. The IRL was devised to create an extra layer of public knowledge and familiarise people with the sport. Running alongside IRL is the pathway that Reddy believes will crystallise as the decade rolls over. RPPL has the FIA licence via the Federation of Motor Sports Clubs of India (FMSCI) to run Formula 3 and Formula 4 in India. These are the first steps aspiring drivers must aim for after karting to make careers in international single-seaters. In 2023, as part of the Festival, RPPL held India's first F4 races alongside IRL. The Formula LGB Series (F4) of the JK Tyres National Racing Championship – an entry-level single racing platform – is also part of it. F3 will come into the programme only after FIA releases its latest Generation-2 F3 car. Reddy obtained licences for these two categories because, 'after karting, we don't have a ladder for our youngsters to get into motor sport…' Before 2023, Indian drivers needed to travel to Europe or the Middle East to race, spending between 150,000-180,000 Euros ( ₹1.5-1.8 crore) a seat. The Indian F4 seat costs only ₹50-70 lakh, he says. Reddy believes his timing to dive into creating motor racing opportunities in India is right as 'there are 3-4 karting tracks in every city'– three in Chennai, five-six in Hyderabad and 3-4 in Bangalore. The younger generation is also drawn to motor sport first lured by F1. By the time they enter working/earning adulthood, Reddy believes he will be at the stage 'where the whole league would be established'. More race weekends, 'year-round championships with 12 weekends, pre-monsoon and post monsoon.' He anticipates that IRL Season Four could come close to marking the turnaround. 'When I got into this, I had made up my mind that this league will take at least five-six years to stabilise – in its running costs.' He hopes the league becomes 'self-sustainable probably by next summer, next year'. His dream is 'by 2033 or 2034, we see at least one kid who has driven in RPPL… at least one female Indian driver in Formula 2 grid by 2032 or 2023.' And the Indian Bernie (Ecclestone) parallel? Many may dispute but Reddy is the man on the start-finish line owning and flagging off the races.


Indian Express
16 minutes ago
- Indian Express
Corporate loan growth slows in April-June quarter as firms delay investments, shift to cheaper debt market
Corporate loan growth by domestic banks slowed down in the first quarter of FY26, as companies put off investment decisions. This was largely due to uncertainty around tariffs, weak demand that held back private capital spending, and a shift towards cheaper funding options in the corporate bond market. Additionally, many companies continued to reduce their debt levels, which further dampened loan demand. Between April and June 2025, bank lending to industries grew at the slowest pace in over three years, signalling muted credit demand from the corporate sector. According to RBI data, loans to industries — including micro, small, medium, and large enterprises — rose by 5.49 per cent year-on-year to Rs 39.32 lakh crore, marking the weakest growth since March 2022. In Q1 FY26, the country's largest lender, State Bank of India (SBI), reported a 5.7 per cent Y-o-Y growth in its corporate loan book, but saw a fall of 3 per cent on a Q-o-Q basis. Private sector lenders ICICI Bank and HDFC Bank posted Y-o-Y growth of 7.5 per cent and 1.7 per cent, respectively, in their corporate loan portfolios, but witnessed sequential declines of 1.4 per cent and 1.3 per cent, respectively. A banking analyst noted that this reflects a phase of growth without fresh investment in the economy. The industrial growth as measured by the Index of Industrial Production (IIP) slowed to 2 per cent in April-June 2025, compared to 4 per cent in the previous quarter. According to SBI chairman C S Setty, the tepid growth in the corporate loan book was mainly on account of delay in investment decisions by corporates due to uncertainties caused by the higher tariff announcement by US President Donald Trump in April this year, shift in borrowing from banks to other alternate sources and higher prepayments of loans by corporates. While state-run Bank of Baroda's corporate loan book expanded by 4.2 per cent Y-o-Y , it registered a sharp dip of 10.2 per cent Q-o-Q. Corporate advances of Union Bank of India and Bank of India rose 2.68 per cent and 4.49 per cent y-o-y, respectively, though their books declined 4.83 per cent and 1.5 per cent sequentially in April-June 2025 quarter. Canara Bank and Punjab National Bank's corporate book grew flat at 0.48 per cent and 1.1 per cent, respectively, on a Q-o-Q basis in June 2025 quarter. Bank of Baroda's chief economist Madan Sabnavis attributes weak credit demand from corporates to the slowdown in investments as companies await a revival in demand. The US President had initially announced to impose a 26 per cent tariff on imports of Indian goods, but later declared a 90-day pause, which resulted in corporates holding back on expansions and new investments. He subsequently doubled the tariff on India to 50 per cent. 'An important factor to consider is the uncertainty in terms of how these tariffs are going to play out and how quickly this is going to be addressed. Due to this uncertainty, a lot of investment decisions could be delayed and people will postpone their spending. This is the second order impact of tariffs,' Setty said during a press conference post the declaration of the Q1 FY26 results. Easing rates in the debt market following the Reserve Bank of India's (RBI) 100 basis points (bps) reduction in the repo rate since February has prompted corporates to shift from banks to debt market instruments. 'Some large corporates are accessing the commercial paper (CP) market to replace working capital limits. This is expected because there is a good amount of liquidity (in the CP market). The rates are much more affordable (in the CP market) compared to borrowing from banks,' Setty said. The lender has seen working capital limit utilisation by corporates in his bank falling to 58 per cent from 62 per cent in Q1 FY25. Total funds raised through CP increased to Rs 4.51 lakh crore in April-June 2025 quarter, compared Rs 3.8 lakh crore in same period of FY25, and Rs 4.38 lakh crore in January-March 2025 quarter, according to Besides CPs, companies are also tapping the corporate debt market for cheaper funds compared to bank loans, which has impacted corporate loan growth of banks. In the first quarter of the current fiscal, corporates mobilised Rs 3.42 lakh crore through private placement of bonds, data from showed. 'We believe that funds raised through the bond market are being largely used by corporates to support ongoing business needs rather than for long-term capital investment,' said Saswata Guha, senior director, Financial Institutions (Banks), Fitch Ratings. With access to cheaper funds through CP and corporate bond markets, along with strong cash flows, domestic corporates have continuously reduced their debt, resulting in slower corporate credit growth. 'Corporates having strong cash flows are deleveraging. So, the (credit) demand is not that much because there is a deleveraging happening on the corporate book,' Bank of Baroda's managing director and CEO, Debadatta Chand, said during an analyst meet for the quarter ended June 2025. Lenders have also become prudent in lending to corporates as they do not want to overexpose themselves while expanding their corporate loan book. 'Banks are mindful of risk-return tradeoff and focus on risk-adjusted returns which makes them quite sensitive to pricing. They are also mindful of concentration risk embedded in a corporate exposure,' said Fitch Ratings' Guha. 'While lenders are trying to be more prudent in ensuring that their risk-adjusted returns on corporate exposure are justified, they can do so because retail and small business lending continues to grow healthy,' he said. Banks are hopeful of a stronger growth in corporate advances from the third quarter of the current fiscal. While SBI expects its corporate loan book to grow by 10 per cent in Q3 of FY26, Bank of Baroda is confident of achieving a 9-10 per cent growth in the segment during FY26. 'The shift (for funding from banks to the debt market) has happened, but I think these shifts keep happening. Once the rates stabilize on the bank side, they (corporates) will come back to utilization (of their working capital limits),' the SBI Chairman said. Setty said SBI has a robust visibility on the corporate loan pipeline in terms of proposals under discussion, and on sanctions which are yet to be disbursed. The bank has a total corporate loan book pipeline of Rs 7 lakh crore. For large-scale capex-led funding requirements, corporates will have to return to the banks, as the bond market alone will not be adequate to fulfill those needs, Guha said.


Time of India
22 minutes ago
- Time of India
At a Punjab varsity, ‘sign lingua franca' for the hearing impaired
Patiala: Researchers at Punjabi University, Patiala, have developed a system that automatically converts spoken Punjabi into Indian Sign Language (ISL) – a technology that can be tweaked to fit any Indian language, giving hope to lakhs of hearing-impaired people. Tired of too many ads? go ad free now It integrates cutting-edge speech recognition, natural language processing, and synthetic animation to convert spoken words into ISL gestures in real time. ISL is different from American Sign Language (ASL) and is suited to Indian needs. Funded by the department of science and technology (DST), Govt of India, the technology bridges the communication gap for hearing-impaired individuals, fostering greater inclusion and accessibility. The research project is led by Williamjeet Singh, project supervisor and assistant professor, department of computer science and engineering, with Amandeep Singh as research project assistant. The research has been published in the international journal 'Multimedia tools and applications'. The researchers aim to expand the system to support additional languages, making it accessible to a broader audience. "We are working to launch a mobile application by the end of this year," said Williamjeet. "The system is designed to empower the hearing-impaired community by enabling seamless communication in education, healthcare, and public services," Williamjeet said. "The lack of a universal sign language and limited knowledge of ISL among non-hearing-impaired individuals often create barriers, leading to exclusion and restricted opportunities for the hearing-impaired. Tired of too many ads? go ad free now Our system addresses these challenges by converting spoken Punjabi into ISL," said Williamjeet. It employs the Hamburg Notation System (HamNoSys) to represent sign gestures and Signing Gesture Markup Language (SiGML) to generate animated 3D sign sequences, he explained. The system includes an ISL dictionary that captures both manual (hand gestures) and non-manual (facial expressions and body movements) features, ensuring accurate and natural sign representation. Amandeep Singh said that the system leverages two approaches for sign language representation: synthetic animation and video-based sign presentation. The researchers have put the system through rigorous testing to demonstrate its efficiency, accuracy, and practical usability, said Amandeep. "It supports multilingual speech input, including Punjabi, English and Hindi, and is accessible on both web and mobile platforms. Beyond facilitating daily communication, it serves as an educational tool, enabling users to learn new signs and improve their communication skills," he said. Vice-chancellor Jagdeep Singh congratulated the research team and said, "This innovation promises to transform the lives of millions of hearing-impaired individuals in India and beyond, offering new opportunities for inclusion and interaction. The project's success underscores the transformative potential of technology in tackling societal challenges. By converting spoken words into visual signs, this system brings the world closer to the hearing-impaired, giving voice to their needs and aspirations through the language of signs. "